Description This is an excellent opportunity to acquire a highly lucrative non-licensed Convenience Store which occupies a prominent trading position in the popular Farnworth district of Bolton. The store is ideally situated on a busy main road within a densely populated residential area with several schools in the locality ensuring the business attracts high levels of regular local and passing trade throughout the day. Having been successfully operated by the present owners since 1991, this heavily relied upon business has forged strong links with the community and the business therefore boasts an extensive and loyal customer base. The business operates from highly visible end terraced shop premises offering deceptively spacious ground floor business lock up business accommodation which is superbly appointed throughout. This Best One store retails an extensive range of stock lines including confectionery, newspaper and magazine titles, dairy products, frozen foods, convenience foods, soft drinks and tobacco products as well as additional services including National Lottery, Paypoint and an internal atm. This thriving business is highly lucrative yet offers fantastic scope for future growth and improvement. With this in mind, the business represents an ideal purchase for an ambitious family unit who can significantly extend the trading hours with the opportunity to introduce an off licence which will naturally increase the weekly sales whilst ultimately enhancing overall profitability. To fully appreciate this excellent business opportunity which is only now being offered for sale due to retirement, viewing is highly recommended.
Sales Currently shop sales average £5,000 approximately. Lotto
Weekly lottery sales approximate to £500. Other
News Sheet – £100, PayPoint – £200
Accounts Current records and accounts can be inspected when viewing.
Staff Managed by the owners with 1 full time staff.
Building External The end terraced shop premises provide deceptively spacious ground floor lock up business accommodation.
Building Internal The impressive sales area is light and airy creating a welcoming environment. The business is fitted to an exceptionally high standard with a comprehensive range of excellent quality, modern fixtures and fitments including CCTV, epos bar code system with scanner facility and ample open deck refrigeration. There is a stockroom and staff toilet.
Residential Accommodation There is no residential accommodation for owners/management available.
Tenure The vendors own the property and will grant a new Fri lease (subject to contract) for a period of 10 years at an initial rent of £8,000 per annum exclusive of rates. Rent reviews are at 3 yearly intervals.
Summary To fully appreciate this excellent business opportunity which is only now being offered for sale due to retirement, viewing is highly recommended.
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